Captive insurance provides a cost-effective solution for businesses to manage their financial risks. Captives are insurance companies that are formed and wholly-owned by organisations to self-insure some or all of their own risk exposures. Our captive management services are delivered from Bermuda and also from Delaware, USA, the Isle of Man and Dublin.
Captive insurance companies allow their owners to:
- Retain underwriting profits and investment income
- Reduce reliance on the commercial insurance market
- Provide cover for otherwise uninsurable risks
- Structure risk retention across diversified groups
We provide a complete captive management service from initial feasibility studies to the establishment and management of captive insurance companies. We set up and manage traditional single-parent captives, group captives and also provide turnkey segregated cell companies offering ease of implementation and exit to our clients. We currently manage over 100 segregated cell and 40 single parent, group and agency programmes.
We provide end to end captive management services and or bespoke services which can be accessed by captives on stand-alone basis:
Financial Management Services for Captives
Captive insurance companies can only provide benefits to their owners if they are managed in accordance with financial and regulatory reporting requirements.View more
Programme Management Services for Captives
We develop and implement individual insurance programmes to ensure that captives’ risk exposures are identified and mitigated effectively.View more
Company Secretarial Services for Captives
We ensure the administration of captives, by providing company secretarial and board meeting administration services.View more
Claims Management Services for Captives
Efficient and effective claims management is as essential for captive insurers as it is for the commercial insurance market. View more